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Elliman Report: Brooklyn Sales 2Q 2021

Price trend indicators reached new records for the third straight quarter as sales more than doubled and listing inventory expanded from the same period last year during the pandemic lockdown. Median sales price increased 11% to a record $910,000, and average sales price rose 10.1% to a record $1,135,332, respectively, from the same period last year. The luxury market, representing the top ten percent of the market, saw less robust price trends. Luxury median sales…

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